What type of study is this?

This is a Multiple Linear Regression Analysis study.

September 10, 2025Open Access

The Effect of Good Corporate Governance on Firms Financial Performance in Transportation and Logistics Companies

Key Points

The study finds that managerial ownership positively impacts financial performance in transportation firms, suggesting effective governance can drive results.
Analysis indicates institutional ownership also has a positive relationship with financial performance, reinforcing the need for strong governance structures.
Multiple linear regression analysis was conducted on data from 23 companies listed on the Indonesia Stock Exchange between 2021 and 2023.
This research highlights potential areas for firms to enhance performance through corporate governance, such as ownership structures.

Abstract

The effect of good corporate governance on financial performance is the focus of this study. by involving control variables, namely Company Size and covid-19 dummy variables. The study’s population consist of Transportation and Logistics companies listed on the Indonesia Stock Exchange for the period 2021-2023, there are 37 companies. 23 companis ware sampled in this study based on criteria. This research methodology uses multiple linear regression analysis. This data processing utilizes the SPSS Ver26 application. Considering the findings of the analysis, this research indicates that managerial ownership, institutional ownership and audit committee have a positive effect on financial performance. but the independent board of commissioners and the audit committee have no effect on financial performance.

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